fxcodebase-backup
ATR Levels
Source: https://fxcodebase.com/code/viewtopic.php?f=38&t=64208
Forum: 38 · Topic 64208 · 1 post(s)
ATR Levels
Apprentice · Wed Dec 14, 2016 7:51 am
LUA Original: viewtopic.php?f=17&t=2635
Description:
LUA to MT4 representation of the following formulas:
H4T line=maximum price for current day+ATR, L4T line=minimum price for current day-ATR, H4 line=maximum price for previous day+ATR, L4 line=minimum price for previous day-ATR,
Where ATR=ATR with ATRPeriod for previous day.
There have also been incorporated the previous days ATR levels to help the trader visualize how the distint levels have been changing each day.